Which of the following actions is most likely to result from a company exploiting value-enhancing opportunities across the value chain?
A) Decreasing the number of suppliers relied upon for delivering input products and services
B) Increasing the number of processes involved in producing a product
C) Reducing the quality of the product or service provided
D) Increasing the amount of inventory carried during the fiscal period
Correct Answer:
Verified
Q7: Kaizen costing is the Japanese term for
Q8: Kaizen costing is an alternative to target
Q9: Benchmarking is just a more elegant term
Q10: Benchmarking is actually just a formalized approach
Q11: Developing a value chain from the perspective
Q13: From a value chain perspective, value is
Q14: Collections of related activities intended to achieve
Q15: An activity is:
A) A unit of work
B)
Q16: Value chain concepts view relationships with suppliers
Q17: A value-added approach focuses an organization's perspective
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